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204 Woodham Ave
Barstow, CA 92311

Multifamily Property For Sale · 11 Units

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.35 AC
Building Size 3,960 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1959/2006
Parking Ratio 6.06/1,000 SF

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Eat-in Kitchen
  • Tub/Shower
  • Yard

About 204 Woodham Ave , Barstow, CA 92311

INCREDIBLE, STABLE, INCOME OPPORTUNITY!!! WE ARE TALKING ABOUT A 7.1% CAP AND $5,445 PER MONTH CASH FLOW!!! This 11 unit building is 100% occupied with stable, long-term tenants, and the number of units makes it a safer investment. Don't let the location scare you. You could buy 2 units in LA/Orange County for the same price, make significantly less money, and take a 50% hit every time a tenant vacates, or you could buy this property which produces more income and distributes the vacancy risk across 11 units. Additionally, from an economic standpoint, the rent affordability makes this property nearly recession-proof. The units are all updated and in great condition. Come out and see for yourself. Whether you are a first-time investor, a seasoned pro, or a retiree looking for stable income, this property has something for you!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 11 $522.50 360

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0427-201-05
Land Assessment
$43,963
Improvements Assessment
$265,656
Total Assessment
$309,619

zoning

Zoning Code RS-6 (Residential)
RS-6 (Residential)
  • Listing ID: 15332537

  • Date on Market: 3/3/2019

  • Last Updated:

  • Address: 204 Woodham Ave, Barstow, CA 92311

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